months ago you should have hired lawyers or attempted to partner with a company with that could provide lawyers for you and you should have...
1.made contact with Mr. Lawsky's offices and attempted to be 1st fully legal compliant coin...
you might have been suprised by the amount of support he and people he knows might have provided if you had approched him through the correct channels with the intentions of replacing btc as a fully compliant legal whitehat operation.
2.gotten the process started for being a fully compliant EMT service either through your own means or by once again partnering with a company already compliant
3.not gotten involved with james...
10% of vericoin is a large amount of the market for one anonymous NON-CONTRACTED entity to control. James being anonymous is not under any form of contract with vrc or the devs meaning he has no legal obligations to vericoin whats so ever... he could run with the money tomorrow and nothing anyone can legally do about it. 10% or any large % of the market that the commuinty is willing to give away would be much more effective for vericoin if it were thrown in on REAL world buisness deals and placed into the hands of people that would help back Vericoin to become 1st legal cyrpto coin and that could be held legal accountable for any sketch actions or violations of contract.
no need for decentralized exchange or marketplace or new tech to be built into the coin itself...yet at least.
those would come as seperate entities/businesses (with prices linked to vrc like all exchanges are to btc), just like silkroad and poloniex are not apart of bitcoin, if safe and secure LEGAL value was created around the coin
I am a technology person and my experience is that having the right technology take care of the business, but what you suggest that don't worry about technology at this stage and establish VRC as a currency that complies with rules and regulations is of course a great strategy which I am perfectly comfortable with - anything really is great that make sense and move out the coin from its current stagnating state and put aside amateurish ideas like the decentralized cloud.
I am much more with Lupin on this, UK. Ethereum, when and if it does happen -I believe it will, but probably years from now still- will be so much more advanced than anything our boys (stooges) can concoct now or ever that it would be, really, a total waste of time and unrewarded efforts. Let them concentrate on their school papers, they are hard enough. And it seems in those other fields, they could be going places. Not here, definitively. Nor they need to... beyond whatever "cool" thing they may stomp in while practicing their "hobby" on their spare time. Let James do the lifting, since he is both capable and he said he would. But with the only caveat that it has to be CLEAN. It has to be LEGAL when legality is an issue (very, very soon). He's a bright guy, he'll think of something. Why burden the boys with something which is so obviously stratospherically above their heads? No practical point in that, really. They may do something really really cool like having the links turning to purple (hell, even first purple, then gree) when the mouse hover over them, how's that?
And, in exchange, Doug, Pat, how about keeping us posted about those quarterly evaluations at school, ah? Make us proud and let's celebrate!